The document summarizes a panel discussion on the projected impacts of the Panama Canal expansion on regional business. The panel discussion was moderated by Bill Ralph and featured presentations from Franc J. Pigna of Aegir Port Property Advisers and David L. McDonald, the executive director of Port Manatee. The panelists discussed topics including current events related to the Panama Canal, the expansion's impact on US trade and ports, and encouraged audience participation.

1. Hyatt Regency Sarasota
Panel Discussion:
Projected Impacts on Regional Business
from the Expansion of the Panama Canal
Bill Ralph
April 19, 2010
R. K. Johns
& Associates, Inc.

2. Agenda & Speakers:
• Start the panel discussion with some Panama Canal
current events (thanks to the Canal Authority!) and
share my thoughts on the expansion’s impact on U.S.
trade, ships & ports
• Introduce our starting lineup of panel experts:
Franc J. Pigna
Managing Director
Aegir Port Property Advisers
David L. McDonald PPM®
Port Manatee Executive Director
• Encourage audience participation
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& Associates, Inc.
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15. U.S. Container Port Review
Top 10 U.S. Ports Container Volume, 1999-2009
(in 000 TEU, including loads & empties)
% chg.
10-Year % chg. Jan-Feb
1999 2009 CAGR '09 vs '08 '10 vs '09
1 Los Angeles 3,829 6,749 5.8% -14% 10%
2 Long Beach 4,408 5,068 1.4% -22% 17%
3 NY/NJ 2,829 4,561 4.9% -13% 11%
4 Savannah 793 2,357 11.5% -10% 20%
5 Oakland 1,664 2,051 2.1% -8% 7%
6 Houston 1,031 1,797 5.7% flat 10%
7 Hampton Roads 1,307 1,745 2.9% -16% 11%
8 Seattle 1,490 1,583 0.6% -7% 33%
9 Tacoma 1,271 1,546 2.0% -17% -17%
10 Charleston 1,483 1,181 -2.2% -28% na
Source: AAPA, and individual ports
12 of 19 ports that report monthly info to AAPA show an increase in 2010
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16. All-Water Coastal Shares
of North Asia – U.S. Trade
(000 TEU)
East Coast West Coast Gulf Coast
2000 2009 2030
839 3,6493 13,900
15% 27% 31%
157 1,050
2% 3%
4,699 9,4587 29,500
85%
71% 66%
Source: R. K. Johns
• Key assumption: cargo goes to the consumer in the most efficient, cost
effective way the retailer can achieve with the growing use of local
distribution centers
• 30% of the US population (=consumer spending) is located within one state
of the Eastern seaboard
• Assuming East coast ports & Panama Canal are prepared, carriers & their
customers will bring the containers all-water
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& Associates, Inc.
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17. Franc J. Pigna
Managing Director
Aegir Port Property Advisers
David L. McDonald PPM®
Port Manatee Executive Director
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& Associates, Inc.
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18. Thank you !
Bill Ralph
R. K. Johns & Associates
226 Chestnut St. Roselle Park NJ
brrkja@aol.com
908-245-2181
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& Associates, Inc.
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